D&O insurance program and property loss liability insurance for financial services institutions (Financial Institutions Professional Indemnity; FIPI)

The FMS-WM is an organizationally and economically independent, partially legal institution under public law within the Federal Financial Market Stabilization Institute (FMSA). The FMS-WM plans to provide insurance for itself and its bodies as well as for the subsidiaries of the FMS-WM and its bodies. The subject of tender is structured property liability insurance for members of directors and officers insurance, composed of coordinated lots and financial institutions professional indemnity insurance for financial institutions (hereinafter referred to as “FIPI”) for the FMS-WM and its subsidiaries with market coverage amounts.

Expiration date of previous policies is December 8th, 2021.

The subject matter of tender is divided into three lots. Lot 1 describes basic insurance D&O and lot 2 concerns FIPI insurance. These two lots are advertised in the present procurement procedure “D&O insurance programme lot 1 and 2". Lot 3 is advertised in the independent procurement procedure “D&O insurance program lot 3", which can also be found on the e-issuing platform, and includes the award of several excess insurance policies in excess 1 to excedent 4 with a total amount of EUR 60 million. required continuity of existing insurance policies: The FMS-WM expects the bidders to place the required reverse insurance on July 8, 2010 on the existing continuity date as of August 6, 2010 (D&O division) and November 4, 2010 (FIPI) for the freedom of breaches of duty.

Lot 1 describes basic insurance D&O with a total coverage of EUR 15 million Please find more information on lot 1 in the application conditions.

The FMS-WM is an organizationally and economically independent, partially legal institution under public law within the Federal Financial Market Stabilization Institute (FMSA). The FMS-WM plans to provide insurance for itself and its bodies as well as for the subsidiaries of the FMS-WM and its bodies. The subject of tender is structured property liability insurance for members of directors and officers insurance, composed of coordinated lots and financial institutions professional indemnity insurance for financial institutions (hereinafter referred to as “FIPI”) for the FMS-WM and its subsidiaries with market coverage amounts.

Expiration date of previous policies is December 8th, 2021.

The subject matter of tender is divided into three lots. Lot 1 describes basic insurance D&O and lot 2 concerns FIPI insurance. These two lots are advertised in the present procurement procedure “D&O insurance programme lot 1 and 2". Lot 3 is advertised in the independent procurement procedure “D&O insurance program lot 3", which can also be found on the e-issuing platform, and includes the award of several excess insurance policies in excess 1 to excedent 4 with a total amount of EUR 60 million. required continuity of existing insurance companies: The FMS-WM expects that bidders for the required reverse insurance will be based on the existing continuity date as of August 6, 2010 (D&O division) and November 4, 2010 (FIPI) for freedom from breaches of duty.

The subject of tender in lot 2 is the purchase of basic insurance FIPI with a total coverage of EUR 10 million and a deductible of EUR 1 million More information can be found in the application conditions.